Map of Property

2223 Monterey St

For Sale

2223 Monterey St, San Luis Obispo, CA 93401

This San Luis Obispo property for sale is located at 2223 Monterey St. Contact the listing broker for details on the current sale price for 2223 Monterey St. 2223 Monterey St is situated on a lot that is 4.21 acre in size.

Contacts

Francois DeJohn

Hayes Commercial Group

Nolan Tooley

Hayes Commercial Group

Property Details

  • Property Type Other
  • Property Size 2,410 SF
  • Lot Size 4.21 Acre
  • Date Updated Aug 7, 2026

Site of the original Motel Inn — the “World’s First Motel” — this freeway-adjacent property is destined to be the Central Coast’s next great development. Fully entitled for an 83-key hotel, this construction-ready opportunity combines a storied past with a bright hospitality future.

Alternatively, the property can be re-entitled as a mixed use project focusing on a variety of allowed residential types including multi-family and assisted living uses, in addition to a variety of commercial uses.

Situated along US Highway 101 with 46,500 CPD, the 4.21-acre site offers exceptional freeway visibility, immediate highway access, and a central location between Cal Poly and downtown SLO.

This property carries a story that cannot be replicated and represents a once-in-a-lifetime hospitality redevelopment opportunity in San Luis Obispo.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 47/100

    Walk Score ®

  • 32/100

    Transit Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City San Luis Obispo, CA
  • Neighborhood Monterey Heights
  • Zip Code 93401
  • Market Central Coast

Points of Interest

  • San Luis Obispo

    1.13 miles

  • University Gas

    0.37 miles

  • Speedway Express

    1.04 miles

  • Conserv Fuel

    1.06 miles

  • Shell

    1.23 miles

  • Chevron

    1.25 miles

  • test

    1.56 miles

  • Valero

    2.05 miles

  • Tesla Supercharger

    2.46 miles

  • eVgo

    2.87 miles

  • Mindbody EV Charging

    3.09 miles

  • Kathleen Waddell Ph.D

    0.57 miles

  • Parking Structure (131)

    0.68 miles

  • 130 Grand Avenue Parking Structure

    0.78 miles

  • H-10 Parking Lot

    1.14 miles

  • H4

    1.16 miles

  • Village Drive Parking Structure (271)

    1.27 miles

  • H2

    1.27 miles

  • H12

    1.35 miles

  • Cal Poly Village Drive Parking

    1.36 miles

  • San Luis Obispo Children's Museum Parking

    1.39 miles

  • La Cuesta Inn

    0.16 miles

  • Applefarm Inn

    0.17 miles

  • Apple Farm Inn

    0.17 miles

  • Peach Tree Inn

    0.20 miles

  • Lexington Inn

    0.20 miles

  • Super 8 San Luis Obispo

    0.21 miles

  • San Luis Creek Lodge

    0.26 miles

  • Sands Inn & Suites

    0.27 miles

  • La Quinta Inn & Suites San Luis Obispo Downtown

    0.28 miles

  • Travelodge San Luis Obispo

    0.31 miles

  • Smart & Final Extra!

    0.85 miles

  • Urban Optics

    1.05 miles

  • The Network Shopping Center

    1.24 miles

  • Mission Mall

    1.27 miles

  • Lassens Natural Foods & Vitamins

    1.34 miles

  • California Fresh Market

    1.49 miles

  • SLO Natural Foods

    1.69 miles

  • Ralphs

    2.53 miles

  • Kohl's

    2.54 miles

  • Sprouts Farmers Market

    2.73 miles

Contact 2223 Monterey St
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